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YPF unveils USD 75m Neuquen province natural gas pipeline

08th July 2014

Argentina’s state own regulator and operator, YPF, has launched a new 55 kilometre-long natural gas pipeline with the capacity to transport over five million cubic metres of gas per day in the shale-rich Neuquén province

YPF unviels USD 75m Neuquén province natural gas pipeline
The project took less than eight months to complete according to YPF CEO, Miguel Galuccio

The pipeline will transport gas from the Mangrullo Block to the primary separation unit at Loma La Lata, in the province of Neuquén.

The USD 75m project hopes to increase gas output from the block to one million cubic metres a day, and to encourage further exploration and production in the area.

The project took less than eight months to complete according to YPF CEO, Miguel Galuccio.

The pipeline is part of a wider USD 400m investment, led by Petrolera Pampa, to develop tight gas production in the block – the target being an output level of three million cubic metres a day of gas from 90 wells

YPF has drilled more than 80 wells in Neuquén in the last three years, according to Galuccio, with gas production in May reaching its highest level since January 2011 at 22.3 million cubic metres a day.

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